Netflix, Inc. $NFLX Shares Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. grew its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 711.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 20,256 shares of the Internet television network’s stock after buying an additional 17,760 shares during the quarter. Moors & Cabot Inc.’s holdings in Netflix were worth $1,899,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Imprint Wealth LLC acquired a new stake in shares of Netflix in the 3rd quarter valued at approximately $25,000. Bare Financial Services Inc lifted its holdings in shares of Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 14 shares during the period. Horizon Financial Services LLC lifted its holdings in shares of Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 24 shares during the period. Redmont Wealth Advisors LLC purchased a new position in Netflix in the 3rd quarter valued at approximately $36,000. Finally, Promus Capital LLC purchased a new position in Netflix in the 3rd quarter valued at approximately $48,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Performance

Netflix stock opened at $86.02 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a fifty day moving average of $93.12 and a two-hundred day moving average of $93.26. The company has a market capitalization of $362.21 billion, a price-to-earnings ratio of 27.78, a PEG ratio of 1.10 and a beta of 1.55. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.Netflix’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Analyst Ratings Changes

Several research firms recently weighed in on NFLX. Erste Group Bank downgraded Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Jefferies Financial Group dropped their price objective on Netflix from $134.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, April 17th. Piper Sandler reaffirmed an “overweight” rating and issued a $115.00 price objective (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Guggenheim reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Netflix in a research note on Friday, May 15th. Finally, Cfra raised Netflix from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.

Check Out Our Latest Stock Analysis on Netflix

Insider Activity at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $7,231,126. The trade was a 27.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,365,509 shares of company stock valued at $129,675,743 in the last ninety days. 1.24% of the stock is owned by insiders.

Netflix Profile

(Free Report)

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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